L. Heath Sampson - Feb 8, 2022 Form 4 Insider Report for ModivCare Inc (MODV)

Role: Chief Financial Officer
Signature: /s/ Jonathan Bush by Power of Attorney
Stock symbol: MODV
Transactions as of: Feb 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/10/2022, 08:13 PM
Next filing: May 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MODV	Common Stock	Award	$0	+2.2K	+79.19%	$0.00	4.98K	Feb 8, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MODV	Employee Stock Option (Right to Buy)	Award	$0	+6.73K		$0.00	6.73K	Feb 8, 2022	Common Stock	6.73K	$110.07	Direct	F2
transaction	MODV	Performance Restricted Stock Units	Award	$0	+4.4K		$0.00	4.4K	Feb 8, 2022	Common Stock			Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units scheduled to vest as follows: (1) 733 shares will vest on February 8, 2023, (2) 734 shares will vest on February 8, 2024 and (3) 733 shares will vest on February 8, 2025, in each case, subject to the reporting person's continued employment.
F2	Option becomes exercisable with respect to: (1) 2,244 shares on February 8, 2023, (2) 2,245 shares on February 8, 2024 and (3) 2,244 shares on February 8, 2025, in each case, subject to the reporting person's continued employment.
F3	Represents the contingent right to receive a number of shares of issuer common stock determined by multiplying the number of performance units by a percentage from 50% to 200% that corresponds to specified share price thresholds measured by reference to a volume-weighted average price (VWAP) of the issuer's common stock over a specified period of trading days prior to the expiration date of the award, subject to the reporting person's continued employment.